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At first glance, the Y-Generation (aka the Millenials/people born between 1979 and 1999) want the same things that most people want when they are looking for a place to live: reasonably priced housing, good schools, clean

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

air, recreational and cultural opportunities, and a healthy economy. But these folks bring a completely new attitude with them when looking for their ideal destinations. Nearly two-thirds of them plan on moving after col

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

lege in order to get a new job. However, they’re not just going where the work is; they’re going to the place they want to be and then looking for the work they want to do.

Can they have it all? Sometimes yes, sometimes

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

o. While about 25 percent of Y-gens between the ages of 18-25 buy homes, they also understand that with their school loans (which tend to be much larger than loans of any previous generation), they can’t always get the si

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

ze house they want, and so they’re starting small. Also, they don’t care as much about the size of their house as they do about finding a really cool place to live. Places with hip downtowns full of music venues and resta

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

rants are more attractive, as are eco-conscious towns with clean waterways and low pollution levels. According to an October, 2006, USA Today article, “A growing body of academic and market research suggests millennials—w

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ho are in their mid-20s and younger—are civic-minded and socially conscious as individuals, consumers, and employees.”

In regards to where they work and what their work experience is like, the Y-Generation’s expectations

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

are considerably different from previous generations. Nearly 60 million strong and the fastest-growing segment of the workforce, they are already changing how things are done. Gen Y doesn’t respond to traditional work pa

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

adigms. They tend to collaborate with others; they are not afraid to challenge the status quo; and they multitask a lot, juggling emails, cell phone calls, and work at the same time. More significant even is the fact that

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

“today’s youngest workers are more interested in making their jobs accommodate their family and personal lives. They want jobs with flexibility, telecommuting options, and the ability to go part time or leave the workfor

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

e temporarily when children are in the picture,” (USA Today, 10/2005).

Keeping all this in mind, the staff at FindYourSpot.com, an Internet relocation website, combed its 530+ city/town reports to find the top ten spots

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

that meet the needs of this generation. All these mid- and large-sized cities have been noted for their high tech prowess by a variety of sources including Kaplan Inc and Wired Magazine; all of them have low pollution rat

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

es according to the Foundation for Clean Air Progress; they are among the best 100 performing cities for jobs, according to the Milken Institute; with just two exceptions (Tucson and Orlando), residents of these cities ea

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

n average salaries between the 50th (Odgen) and 87th (Boulder) percentile for the United States; more than one-third (and in more than half the towns more than half) of residents have college degrees; and finally, with on

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

e exception (Boulder, CO, at $492,000), the average home prices for these cities/areas fall below the national average of about $300,000.

Tucson, Arizona
Population: 529,000
Avg home price: $260,000
Avg. p

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

rcentage of Y-Gens: 32%
Professional sector jobs: 22%

Phoenix, Arizona
Population 1,500,000
Avg. home prices: $275,000
Avg. percentage of Y-Gens: 31%

Boulder, Colorado
Population: 90,000
Av

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

g. home price: $492,000
Avg. percentage of Y-Gens: 29%

Orlando, Florida
Population: 209,000
Avg. home price: $264,000
Avg. percentage of Y-Gens: 21%

Austin, Texas
Population: 712,000
Avg. h

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ome price: $154,000
Avg. percentage of Y-Gens: 28%

Ogden, Utah
Population: 82,000
Avg. home price: $160,000
Avg. percentage of Y-Gens: 24%

Virginia Beach (what state?)
Population: 624,000
A

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

g. home price: $252,000
Avg. percentage of Y-Gens: 20%

Madison, Wisconsin
Population: 222,000
Avg. home price: $225,000
Avg. percentage of Y-Gens: 31%

Asheville, North Carolina
Population: 72,90

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

0
Avg. home price: $205,000
Avg. percentage of Y-Gens: 20%

References:
http://www.usatoday.com/news/nation/2006-10-23-gen-next-cover_x.htm
http://www.usatoday.com/money/workplace/2005-11-06-gen-y_x.ht

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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One single best investment you can give to yourself is personal insurance. May it be health insurance, travel insurance or life insurance, it will still give you enough leverage to confidently do your task everyday anywhere without worrying so much that in any moment, an accident might occur.

If you're considering buying a condo hotel as a vacation home or investment, this article explains what you need to know to find a condo hotel that is right for you. Consider it a virtual Condo Hotel Primer.

Many people are looking for ways to supplement their retirement income. There are several ways that you can add funds to your retirement account, but many of those require part time work or at least working from home. You can, however, supplement your retirement income by using the real estate that you already own. If you plan accordingly, you will not have to struggle to make a mortgage payment once you retire, and actually, you could be able to let your home help you make other monthly payments.

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Answers - America's Top Ten Places to Live for the Y-Generation

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